If you choose to participate in the community electric aggregation program, your electric rates will be dropping come June.
That's the message from Clinton City Administrator Tim Followell, who indicates the bidding process happened last week and the supplier for this cycle is the same, the rate is dropping and it will go into effect June 1.
The first year of the upcoming three-year bid is going to be lower, and while it is not much, Followell says some households could save anywhere from $5 to $15 per month.
Followell says because this will be a new cycle, residents who do not want to participate will need to submit another opt-out letter, which they should be expecting in the mail very soon.
After year one of the three-year contract, the rate goes down for years two and three, and Followell points out they are also projecting the rate to be lower than what Ameren will likely come in at around June as well.